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Strategic Management, Decision Theory, and Decision Science

Contributions to Policy Issues

  • Book
  • © 2021

Overview

Editors:
  1. Bikas Kumar Sinha

    1. Indian Statistical Institute, Kolkata, India

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  2. Srijib Bhusan Bagchi

    1. University of Burdwan, Barddhamān, India

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    You can also search for this editor in PubMed   Google Scholar

  • Covers a rich diversity of topics all unified by the central concern for strategic management
  • Contains takeaways for a wide audience interested in models and methods on the one hand and natural resource management on the other
  • Opts for a case-study approach to illustrate the applicability of scientific model in policy decisions

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-xiii
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  2. Sustaining High Economic Growth Requires a Different Strategy: An Integrated Approach for Broad-Based Knowledge Economy

    • R. B. Barman
    Pages 1-20

  3. The Secretary Problem—An Update

    • S. P. Mukherjee
    Pages 21-31

  4. Energy Efficiency in Buildings and Related Assessment Tools Under Indian Perspective

    • Avijit Ghosh, Subhasis Neogi
    Pages 33-50

  5. A Multi-type Branching Process Model for Epidemics with Application to COVID-19 in India

    • Arnab Kumar Laha
    Pages 51-58

  6. The Mirra Distribution for Modeling Time-to-Event Data Sets

    • Subhradev Sen, Suman K. Ghosh, Hazem Al-Mofleh
    Pages 59-73

  7. Comparison of Local Powers of Some Exact Tests for a Common Normal Mean with Unequal Variances

    • Yehenew G. Kifle, Bimal K. Sinha
    Pages 75-85

  8. Lower Bounds for Percentiles of Pivots from a Sample Mean Standardized by S, the GMD, the MAD, or the Range in a Normal Distribution and Miscellany with Data Analysis

    • Nitis Mukhopadhyay
    Pages 87-108

  9. Intuitionistic Fuzzy Optimization Technique to Solve a Multiobjective Vendor Selection Problem

    • Prabjot Kaur, Shreya Singh
    Pages 109-117

  10. Testing for the Goodness of Fit for the DMRL Class of Life Distributions

    • Tanusri Ray, Debasis Sengupta
    Pages 119-143

  11. Linear Empirical Bayes Prediction of Employment Growth Rates Using the U.S. Current Employment Statistics Survey

    • P. Lahiri, Bogong T. Li
    Pages 145-158

  12. Constrained Bayesian Rules for Testing Statistical Hypotheses

    • K. J. Kachiashvili
    Pages 159-176

  13. Application of Path Counting Problem and Survivability Function in Analysis of Social Systems

    • Tatsuo Oyama
    Pages 177-193

  14. Framework for Groundwater Resources Management and Sustainable Development of Groundwater in India

    • Asok Kumar Ghosh
    Pages 195-209

  15. A New Generalized Newsvendor Model with Random Demand and Cost Misspecification

    • Soham Ghosh, Mamta Sahare, Sujay Mukhoti
    Pages 211-245

  16. Analytics Approach to the Improvement of the Management of Hospitals

    • Atsuo Suzuki
    Pages 247-256

  17. A Novel Approach to Estimate the Intrinsic Dimension of fMRI Data Using Independent Component Analysis

    • Rajesh Ranjan Nandy
    Pages 257-269

  18. Data Science, Decision Theory and Strategic Management: A Tale of Disruption and Some Thoughts About What Could Come Next

    • Federico Brunetti
    Pages 271-280
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Keywords

About this book

This book contains international perspectives that unifies the themes of strategic management, decision theory, and data science. It contains thought-provoking presentations of case studies backed by adequate analysis adding significance to the discussions. Most of the decision-making models in use do take due advantage of collection and processing of relevant data using appropriate analytics oriented to provide inputs into effective decision-making. The book showcases applications in diverse fields including banking and insurance, portfolio management, inventory analysis, performance assessment of comparable economic agents, managing utilities in a health-care facility, reducing traffic snarls on highways, monitoring achievement of some of the sustainable development goals in a country or state, and similar other areas that showcase policy implications. It holds immense value for researchers as well as professionals responsible for organizational decisions.

Editors and Affiliations

  • Indian Statistical Institute, Kolkata, India

    Bikas Kumar Sinha

  • University of Burdwan, Barddhamān, India

    Srijib Bhusan Bagchi

About the editors

Professor Bikas K Sinha has been publishing with Springer since 1989 and has to his credit both monographs and edited volumes (including three in Lecture Notes Series in Statistics on optimal designs -- Vol. 54 (1989), Vol. 163 (2002) and Vol. 1028 (2014)), not to mention contributed chapters and articles in journals. As an academic he has been affiliated with Indian Statistical Institute Kolkata, and has travelled extensively within USA, Canada and Europe for collaborative research and teaching assignments. His publications span both statistical theory and applications and he has more than 120 research articles published in peer-reviewed journals. He has also served in the Editorial Board of statistical journals including Sankhya, Journal of Statistical Planning and Inference and Calcutta Statistical Association Bulletin. He has served Government of India as a Member of National Statistical Commission for the 3-year term [2006-2009]. He was appointed an ‘Expert on Mission’ for the United Nations-funded Workshop on Survey Methodology in 1991.  Of late, he was awarded Centenary Medal of Excellence by the School of Tropical Medicine, Kolkata.

Prof. Srijib Bhusan Bagchi retired from the University of Burdwan. Subsequently he joined the Department of Mathematics, Bethune College Kolkata as Jyostnamoyee Dey Professor of Actuarial Science. He also served Aliah University as Professor in the Department of Statistics and Informatics. He was an Emeritus Professor of the University of Engineering and Management, Kolkata. He published more than forty papers in reputed journals and conferences and a book of Statistics. His research interest includes reliability theory, SQC, social networks and Sampling Theory. Currently he is the Chairman of Indian Association for Productivity, Quality and Reliability (IAPQR).



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